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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
REVENUES        
License revenues $ 11,683 $ 44,095 $ 11,965 $ 55,367
COST OF SALES 0 26 0 99
GROSS MARGIN 11,683 44,069 11,965 55,268
OPERATING EXPENSES        
Research and development 2,650 7,314 4,886 15,286
Professional fees 37,666 53,282 79,418 103,216
General and administrative 7,900 43,610 20,092 90,401
Total Operating Expenses 48,216 104,206 104,396 208,903
OPERATING LOSS (36,533) (60,137) (92,431) (153,635)
OTHER INCOME (EXPENSE)        
Loss on out of court settlement 0 0 (6,714) 0
Gain (loss) on foreign exchange (15,111) 5,395 6,709 6,457
Interest expense (3,477) (2,525) (6,690) (6,216)
Total other income (expense) (18,588) 2,870 (6,695) 241
LOSS BEFORE INCOME TAXESAND NON-CONTROLLING INTEREST (55,121) (57,267) (99,126) (153,394)
Provision for income taxes 0 1,213 0 1,213
NET LOSS BEFORE NON-CONTROLLING INTEREST (55,121) (58,480) (99,126) (154,607)
Less: Net loss attributable to non-controlling interest 1,138 2,124 2,394 8,288
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (53,983) (56,356) (96,732) (146,319)
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustments (2,255) (1,721) 765 (1,336)
COMPREHENSIVE LOSS $ (57,376) $ (60,201) $ (98,361) $ (155,943)
BASIC AND DILUTED LOSS PER SHARE $ (0.00) $ (0.00) $ (0.00) $ (0.00)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 201,533,598 195,147,849 200,819,827 195,007,308